Intracoastal holds 4.99% NFT Ltd stake via warrants
NFT Ltd (MI) received a Schedule 13G filing from Mitchell P. Kopin, Daniel B. Asher and Intracoastal Capital LLC reporting a minority position in the company.
NFT Ltd (MI) received a Schedule 13G filing from Mitchell P. Kopin, Daniel B. Asher and Intracoastal Capital LLC reporting a minority position in the company. As of the close of business on August 27, 2026, the reporting group may be deemed to beneficially own 28,333 Class A ordinary shares, all issuable upon exercise of “Intracoastal Warrant 2,” representing 4.99% of the outstanding Class A ordinary shares. These shares are subject to a 4.99% beneficial ownership blocker in Intracoastal Warrant 2 that limits further exercises above this level. Earlier, immediately following the August 21, 2026 Securities Purchase Agreement, the group may have been deemed to beneficially own 25,652 shares (about 9.99%) through shares issued and Intracoastal Warrant 1, also constrained by blocker provisions. All voting and dispositive power over the currently reportable 28,333 shares is shared, with no sole voting or dispositive power reported.
Positive
None.
Negative
None.
Key Figures
Current beneficial ownership:28,333 Class A ordinary sharesCurrent percent of class:4.99%Shares outstanding baseline:231,129 Ordinary Shares+5 more
8 metrics
Current beneficial ownership28,333 Class A ordinary sharesShares issuable upon exercise of Intracoastal Warrant 2 as of August 27, 2026
Current percent of class4.99%Beneficial ownership of NFT Ltd Class A ordinary shares as of August 27, 2026
Shares outstanding baseline231,129 Ordinary SharesOrdinary Shares outstanding prior to execution of the SPA
Initial beneficial ownership after SPA25,652 Ordinary SharesDeemed beneficially owned immediately following the August 21, 2026 SPA
Initial percent of class after SPA9.99%Beneficial ownership immediately after the SPA including Intracoastal Warrant 1
Maximum ownership without blockers (initial)108,696 Ordinary SharesPotential beneficial ownership without warrant blocker provisions immediately after SPA
Maximum Intracoastal Warrant 2 shares without blocker54,348 Ordinary SharesPotential beneficial ownership from Intracoastal Warrant 2 without its 4.99% blocker
Shares issued at SPA closing279,600 Ordinary SharesAggregate Ordinary Shares issued at closing of SPA transactions
Key Terms
Securities Purchase Agreement, beneficial ownership, blocker provision, warrant, +1 more
5 terms
Securities Purchase Agreementfinancial
"Immediately following the execution of the Securities Purchase Agreement with the Issuer on August 21, 2026"
A securities purchase agreement is a written contract between a buyer and a seller outlining the terms for buying or selling financial assets such as stocks or bonds. It specifies details like the price, quantity, and conditions of the transaction, similar to a shopping list with agreed-upon terms. For investors, it provides clarity and legal protection when transferring ownership of these financial instruments.
beneficial ownershipfinancial
"each of the Reporting Persons may have been deemed to have beneficial ownership of 25,652 Ordinary Shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
blocker provisionfinancial
"Intracoastal Warrant 1 contains a blocker provision under which the holder thereof does not have the right to exercise"
warrantfinancial
"Ordinary Shares issuable upon exercise of a warrant to be issued to Intracoastal at the closing"
A warrant is a time-limited financial contract that gives its holder the right to buy a company's shares at a set price before a specified date, like a coupon that lets you purchase stock at a fixed discount for a limited time. It matters to investors because warrants offer leveraged exposure to a stock’s upside and can dilute existing shareholders if exercised, so they affect potential gains and the company’s outstanding share count.
Schedule 13Gregulatory
"This is being filed on behalf of ... collectively the "Reporting Persons""
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
FAQ
What percentage of NFT Ltd (MI) does Intracoastal Capital LLC and its affiliates report owning?
They report beneficial ownership of 4.99% of NFT Ltd’s Class A ordinary shares, corresponding to 28,333 shares issuable upon exercise of Intracoastal Warrant 2, using the share counts and warrant mechanics described in the filing.
How many NFT Ltd (MI) shares are currently reportable as beneficially owned by the group?
As of August 27, 2026, the group may be deemed to beneficially own 28,333 Class A ordinary shares, all issuable upon exercise of Intracoastal Warrant 2, with shared voting and dispositive power over these shares.
What was the initial beneficial ownership reported after the August 21, 2026 SPA with NFT Ltd (MI)?
Immediately following the August 21, 2026 Securities Purchase Agreement, the reporting persons may have been deemed to beneficially own 25,652 Class A ordinary shares, representing approximately 9.99% of the outstanding Class A ordinary shares, including shares issuable upon exercise of Intracoastal Warrant 1.
What blocker provisions affect Intracoastal’s warrants in NFT Ltd (MI)?
Intracoastal Warrant 1 contains a 9.99% beneficial ownership blocker, and Intracoastal Warrant 2 contains a 4.99% beneficial ownership blocker. Each limits warrant exercises to prevent the holder and its affiliates from exceeding the stated ownership percentages.
How many NFT Ltd (MI) shares could be beneficially owned without the blocker provisions?
Without the blocker provisions, the reporting persons state they may have been deemed to beneficially own up to 108,696 Class A ordinary shares immediately after the SPA, and up to 54,348 Class A ordinary shares under Intracoastal Warrant 2 as of August 27, 2026.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
NFT Limited
(Name of Issuer)
Class A ordinary shares, par value $0.04 per share
(Title of Class of Securities)
G6363T123
(CUSIP Number)
08/21/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
G6363T123
1
Names of Reporting Persons
Mitchell P. Kopin
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
28,333.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
28,333.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
28,333.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.99 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
CUSIP Number(s):
G6363T123
1
Names of Reporting Persons
Daniel B. Asher
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
28,333.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
28,333.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
28,333.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.99 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
CUSIP Number(s):
G6363T123
1
Names of Reporting Persons
INTRACOASTAL CAPITAL, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
28,333.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
28,333.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
28,333.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.99 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
NFT Limited
(b)
Address of issuer's principal executive offices:
Office Q 11th Floor, Kings Wing Plaza 2, No.1 Kwan Street, Sha Tin, New Territories, Hong Kong, 999077
Item 2.
(a)
Name of person filing:
This Schedule 13G is being filed on behalf of (i) Mitchell P. Kopin, an individual ("Mr. Kopin"), (ii) Daniel B. Asher, an individual ("Mr. Asher") and (iii) Intracoastal Capital LLC, a Delaware limited liability company ("Intracoastal" and together with Mr. Kopin and Mr. Asher, collectively the "Reporting Persons").
(b)
Address or principal business office or, if none, residence:
The principal business office of Mr. Kopin and Intracoastal is 245 Palm Trail, Delray Beach, Florida 33483. The principal business office of Mr. Asher is 1011 Lake Street, Suite 311, Oak Park, Illinois 60301.
(c)
Citizenship:
Mr. Kopin is a citizen of the United States of America. Mr. Asher is a citizen of the United States of America. Intracoastal is a Delaware limited liability company.
(d)
Title of class of securities:
Class A ordinary shares, par value $0.04 per share
(e)
CUSIP Number(s):
G6363T123
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
(i) Immediately following the execution of the Securities Purchase Agreement with the Issuer on August 21, 2026 (the "SPA") (as disclosed in the 424B4 prospectus filed by the Issuer with the Securities and Exchange Commission on August 24, 2026), each of the Reporting Persons may have been deemed to have beneficial ownership of 25,652 Ordinary Shares, which consisted of (i) 25,600 Ordinary Shares to be issued to Intracoastal at the closing of the transaction contemplated by the SPA and (ii) 52 Ordinary Shares issuable upon exercise of a warrant to be issued to Intracoastal at the closing of the transaction contemplated by the SPA ("Intracoastal Warrant 1"), and all such Ordinary Shares represent beneficial ownership of approximately 9.99% of the Ordinary Shares, based on (1) 231,129 Ordinary Shares outstanding prior to the execution of the SPA, as reported to the Reporting Persons by the Issuer, (2) 25,600 Ordinary Shares to be issued to Intracoastal at the closing of the transaction contemplated by the SPA and (3) 52 Ordinary Shares issuable upon exercise of Intracoastal Warrant 1. The foregoing excludes (I) 28,696 Ordinary Shares issuable upon exercise of Intracoastal Warrant 1 because Intracoastal Warrant 1 contains a blocker provision under which the holder thereof does not have the right to exercise Intracoastal Warrant 1 to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof, together with the holder's affiliates, and any other persons acting as a group together with the holder or any of the holder's affiliates, of more than 9.99% of the Ordinary Shares and (II) 54,348 Ordinary Shares issuable upon exercise of a second warrant to be issued to Intracoastal at the closing of the transaction contemplated by the SPA ("Intracoastal Warrant 2") because Intracoastal Warrant 2 contains a blocker provision under which the holder thereof does not have the right to exercise Intracoastal Warrant 2 to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof, together with the holder's affiliates, and any other persons acting as a group together with the holder or any of the holder's affiliates, of more than 4.99% of the Ordinary Shares. Without such blocker provisions, each of the Reporting Persons may have been deemed to have beneficial ownership of 108,696 Ordinary Shares.
(ii) As of the close of business on August 27, 2026, each of the Reporting Persons may have been deemed to have beneficial ownership of 28,333 Ordinary Shares issuable upon exercise of Intracoastal Warrant 2, and all such Ordinary Shares represent beneficial ownership of approximately 4.99% of the Ordinary Shares, based on (1) 231,129 Ordinary Shares outstanding prior to the execution of the SPA, as reported to the Reporting Persons by the Issuer, (2) 279,600 Ordinary Shares in the aggregate issued at the closing of the transaction contemplated by the SPA, (3) 28,748 Ordinary Shares issued to Intracoastal upon exercise of Intracoastal Warrant 1 and (4) 28,333 Ordinary Shares issuable upon exercise of Intracoastal Warrant 2. The foregoing excludes 26,015 Ordinary Shares issuable upon exercise of Intracoastal Warrant 2 because Intracoastal Warrant 2 contains a blocker provision under which the holder thereof does not have the right to exercise Intracoastal Warrant 2 to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof, together with the holder's affiliates, and any other persons acting as a group together with the holder or any of the holder's affiliates, of more than 4.99% of the Ordinary Shares. Without such blocker provision, each of the Reporting Persons may have been deemed to have beneficial ownership of 54,348 Ordinary Shares.
(b)
Percent of class:
4.99%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
28,333
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
28,333
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.